17/119 New Town Road,
New Town, TAS 7008

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Map of 17/119 New Town Road

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A TASTY INVESTMENT

This as new property provides an ideal investment for those looking to start a commercial portfolio or add to an existing portfolio. Part of a new complex fronting the busy New Town Road shopping strip this small restaurant has a first class fit out and is fast developing a loyal and growing customer base.

A new 5 year lease with the tenant paying a net rent of $36,000.00 pa + outgoings. This is a simple set and forget investment option. Premises also includes two on site car parks. FOR SALE BY NEGOTIATION.

New Town, 7008 demographic data

The median household income for New Town is $1,596, 4% higher than Greater Hobart's household income of $1,542. New Town has a younger age profile compared to the rest of Greater Hobart (median age 38 vs 39). Property ownership data shows 45% of property owners in New Town have a mortgage.

6,781

Population

$1,596 per week

Median household income

38 years

Median age

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